Cost of Living in Cornelius, NC
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
163.0
100 = national avg
+63.0 vs national average
Living Wage (1 Adult)
$71,713
per year
Living Wage (Family of 4)
$169,504
per year
Cost Index by Category
Housing202.2
Food137.7
Transportation119.6
Healthcare130.1
Utilities143.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,538
per month
2 Bedroom
$1,686
per month
The overall cost of living index in Cornelius is 163.0, which is 63.0% above the national average. Housing costs are above the national average at an index of 202.2. A single adult needs to earn approximately $71,713 per year to cover basic expenses.